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Cable Update (GBPUSD)

  • #245,381
  • Aug 12, 2010 6:34pm Aug 12, 2010 6:34pm
Quoting bbakker
...
Where did you find the feeds for these? Always good to look at the bigger picture!
Found the answer to my question by looking at your chart in more detail

For anyone else interested, you can see charts of LFX via a demo account with LiteForex:
http://www.liteforex.org/demoaccount.php
  • #245,382
  • Aug 12, 2010 8:08pm Aug 12, 2010 8:08pm
http://img135.imageshack.us/img135/164/64726704.gif
  • #245,383
  • Aug 12, 2010 8:12pm Aug 12, 2010 8:12pm
Quoting forexlion
http://img135.imageshack.us/img135/164/64726704.gif
Morning Lion
Inserted Video
  • #245,384
  • Aug 12, 2010 8:43pm Aug 12, 2010 8:43pm
Quoting forexlion
http://img135.imageshack.us/img135/164/64726704.gif
stop @ BE now

http://img152.imageshack.us/img152/5420/30338067.gif
  • #245,385
  • Aug 12, 2010 9:08pm Aug 12, 2010 9:08pm
Not an issue if it hits trailing SL

trailing with a very very very high SL of 3 pips ........

http://img405.imageshack.us/img405/9606/54906360.gif
  • #245,386
  • Aug 12, 2010 9:53pm Aug 12, 2010 9:53pm
It's still a bearish channel, don't fool yourself.
  • #245,387
  • Aug 12, 2010 9:58pm Aug 12, 2010 9:58pm
Quoting bbakker
Found the answer to my question by looking at your chart in more detail

For anyone else interested, you can see charts of LFX via a demo account with LiteForex:
http://www.liteforex.org/demoaccount.php
I just downloaded the demo and there are no LFX symbols.
  • #245,388
  • Aug 12, 2010 10:03pm Aug 12, 2010 10:03pm
Quoting USD-Bear
Are they working prim?
sorry mate i fall asleep
did u give me sleeping pills lol
Verily, in every difficulties there is relief
  • #245,389
  • Aug 12, 2010 10:04pm Aug 12, 2010 10:04pm
Quoting dvdsurplus
It's still a bearish channel, don't fool yourself.
Good point, as long as the price is below the daily pivot, I'll still flip to yesterday's chart for "reference".
  • #245,390
  • Aug 12, 2010 10:05pm Aug 12, 2010 10:05pm
Hi, I am Youni..

Guys its time to Buy GBPUSD,
i bought already and will see if today 1.5740 will reach i will hold it till end

i know here in FOREXFACTORY there are many good traders
i just wanted to my input
i will send chart soon i hope u guys willl like it

Remeber Dont over trade it kills,
Choose.Wisely
  • #245,391
  • Aug 12, 2010 10:08pm Aug 12, 2010 10:08pm
Quoting dvdsurplus
It's still a bearish channel, don't fool yourself.
And as long as it keeps making lower lows and lower high it's fine for short...
COT: The precious data ignored
  • #245,392
  • Edited 10:38pm Aug 12, 2010 10:37pm | Edited 10:38pm
Quoting mdiz2
I just downloaded the demo and there are no LFX symbols.
show all symbol dude,..
or just klik symbol and liteforexIndex

it works for me

still buy @ 15609
exit at 50 pip
Always Learn,..
  • #245,393
  • Aug 12, 2010 10:42pm Aug 12, 2010 10:42pm
This is still down, last day did close fully at lower level, its obvious we can have some correction (maby around 1.5650 why not 1.57) after 400 pips move and before the next move, but calling a long here is gambling.

If this is bottom, be sure we gonna test it 2 or 3 times, so no rush at all on the long from me!

Good gambling all!
"Flip that coin!"
  • #245,394
  • Aug 12, 2010 10:50pm Aug 12, 2010 10:50pm
Quoting syahjo
show all symbol dude,..
or just klik symbol and liteforexIndex

it works for me

still buy @ 15609
exit at 50 pip
Thank you, I didn't know I could change them. Learn something every day.
  • #245,395
  • Aug 12, 2010 11:14pm Aug 12, 2010 11:14pm
Quoting Scipionz
This is still down, last day did close fully at lower level, its obvious we can have some correction (maby around 1.5650 why not 1.57) after 400 pips move and before the next move, but calling a long here is gambling.
If this is bottom, be sure we gonna test it 2 or 3 times, so no rush at all on the long from me!

Good gambling all!
why? and why not?....

good luck

g
  • #245,396
  • Aug 12, 2010 11:22pm Aug 12, 2010 11:22pm
Quoting grashid
why? and why not?....

good luck

g
Hi grashid, you are still short ? or you reversed?
COT: The precious data ignored
  • #245,397
  • Aug 12, 2010 11:30pm Aug 12, 2010 11:30pm
Quoting kuroro001
Hi grashid, you are still short ? or you reversed?
http://www.forexfactory.com/showpost...stcount=244243

good luck..

chow

g
  • #245,398
  • Aug 12, 2010 11:31pm Aug 12, 2010 11:31pm
Quoting grashid
why? and why not?....

good luck

g
Top or bottom are done in multiple attempt at a level, not only one. The daily carry a down channel and been closing under 1/3 of yesterday range, in fact fully at bottom of the daily move.

Let's add the most of the correction over the thing called a chart are done at 61.8%.
Yes, alot of correction have reaction at 50%, but most of the time trend resume until the golden ratio.

Funnymentals haven't change at all in one day and equities been down for last 3.
Equitiy futures are down tonight, usdx still up, gbpX still down, gold strong up, oil down....

Also, we havent made any new hight yet. OK if you look on 15/5 min, but not on 1h. We are only correcting as usual last move, and 618 is at 1.5653. So the only room up I see is until 1.5653.

I could add ALOT of other little subtility, but the major info is here.
Even if this aim strike up from here, entry is pure gamble yet because no confirmation been done.
(high low pattern).

I tried to be respecful this time since you asked so gently!

Wish you the best!
Later!
"Flip that coin!"
  • #245,399
  • Aug 12, 2010 11:32pm Aug 12, 2010 11:32pm
Quoting Scipionz
Top or bottom are done in multiple attempt at a level, not only one. The daily carry a down channel and been closing under 1/3 of yesterday range, in fact fully at bottom of the daily move.

Let's add the most of the correction over the thing called a chart are done at 61.8%. Yes, alot of correction have reaction at 50%, but most of the time trend resume until the golden ratio.

Funnymentals haven't change at all in one day and equities been down for last 3. Equitiy futures are down tonight, usdx still up, gbpX still down, gold strong...
Then post your chart !..that it..
n explain from there..how about 578 area?

damm...guys pls start post with your chart and explain from there....instead of posting like this...for some of us who already post in a longer term view, you may put the link n make a new fresh comment...

that will turn this threat in a different style of view by each trader where good for newbies to learn how to analyse the chart.

chow
  • #245,400
  • Aug 12, 2010 11:35pm Aug 12, 2010 11:35pm
Quoting grashid
Then post your chart !..that it..n explain from there..
Im lazy, do yours!
You asked I answered.
"Take what the market (I) give u".

Cheers!
"Flip that coin!"
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